Date: Mon, Sept 16, 2024, 09:31 AM GMT
A lucky trade or could be a insider, has made huge returns by securing an astonishing 630% profit in just 24 hours with his First Neiro On Ethereum (NEIRO) tokens, following an explosive surge in the token’s price. The sudden jump comes on the heels of a major announcement from Binance, the world’s largest cryptocurrency exchange, confirming the listing of Neiro alongside other popular tokens like Turbo (TURBO) and Baby Doge Coin (1MBABYDOGE).
The listing announcement revealed that Binance will open trading for these tokens on Sept 16, 2024, at 10:00 (UTC), with withdrawals available the next day. This news sent Neiro’s price skyrocketing by 591%, drawing in both seasoned investors and newcomers eager to cash in on the gains.
Among those who profited handsomely was a smart money investor closely tracked by on-chain analyst @ai_9684xtpa. This investor strategically accumulated a massive 1.3 billion Neiro tokens over several purchases and has now made over $990,000 in profit by timing the market perfectly.
How It Happened
- July 30 – August 21: The investor first bought 3.7 WETH worth of Neiro tokens at an average price of $0.000003808 per token. These tokens remain unsold.
- Five days ago: The investor purchased 474 million Neiro tokens at an average price of $0.00004594. After the Binance announcement, the price surged, and the investor sold the tokens just an hour ago, pocketing significant gains as the price quadrupled.
- Three days ago: Another purchase of 221 million Neiro tokens was made at an average price of $0.00003794. These tokens are still being held, as their value continues to rise.
This successful trading spree demonstrates the power of timing and market analysis in the volatile world of cryptocurrency. With Binance’s listing set to boost visibility and accessibility, all eyes are on Neiro’s next moves. For this trader, the profits might not be over yet.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.